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20121201
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in there. >> so to my friend carter, i beg to differ. please, please let me differ. first of all, i'd like to say i'm not wildly excited about any of these names. the spending budget for these companies in the tens of billions of dollars to keep in constant need for higher band width. and verizon is a bond proxy. yielding close to 5%, it's closer to a junk bond proxy with a high grade quality to it. so i kind of like that if you're into safe investing. problem with sprint is they are the proverbial. they have not run commensurately as a business. i'm sure someone could take them out, but i'm not sure you want to buy the name just on that. >> so is there anything that would make you want to own these then, zach? >> no. i suppose if i was into -- 27 years old and needed a 4.7% yield on something i thought had a good chance of not going down a lot were verizon would be attractive for those reasons. >> well, that is certainly a reason to own them. >> right. it is as he points out 5%. at this point at this multiple at this appreciation as you sarted the segment, one of the best performers in th
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